Nicholas Binkley Joins UnionBanCal BoardNicolas Binkley Joins UnionBanCal Board (Photo: Business Wire)
February 28 2007 - 6:30PM
Business Wire
Nicholas B. Binkley, a founding partner of the private equity firm
Forrest Binkley & Brown, has joined the board of directors of
UnionBanCal Corporation (NYSE:UB) and its principal subsidiary,
Union Bank of California, N.A. Binkley was elected at the February
28th board meeting. Binkley, 61, has been with Forrest Binkley
& Brown since it was formed in July 1993. The firm, located in
Newport Beach with offices in San Diego, serves as managing general
partner of various funds whose principal limited partners are the
Sid and Lee Bass interests of Ft. Worth, Texas. Earlier, Binkley
served as a vice chairman of Security Pacific Corporation where he
was responsible for all non-banking subsidiaries. He was also a
member of its board of directors. Following the merger of
BankAmerica Corporation and Security Pacific, he became vice
chairman and a member of the board of directors of BankAmerica.
Binkley began his career in 1973 with Chase Manhattan Bank in New
York and also worked for the bank in London, England, and in
Beirut, Lebanon. He joined Security Pacific in 1977. In 1983, he
moved to Security Pacific Financial Systems as Deputy Administrator
for domestic non-banking subsidiaries, which included Security
Pacific Venture Capital where he served on the investment
committee. A native of Pasadena, California, Binkley received his
bachelor�s degree in political science from Colorado College in
Colorado Springs, and a master�s degree in international studies
from Johns Hopkins School of Advanced International Studies in
Washington, D.C. He spent a year in Aix-en-Provence at the
Universite d�Aix-Marseille studying French and international law,
then served two years in the Peace Corps in Tunisia. Binkley was
the founding chair and a member of the International Advisory Board
of The University of California�s Graduate School of International
Relations and Pacific Studies in San Diego from 1986 to 2006. He
has served on the Advisory Council of the Johns Hopkins School of
Advanced International Studies since 2003. He is also a member of
the Council on Foreign Relations. Binkley has served on a number of
boards of directors of both public and privately-held companies and
foundations. Based in San Francisco, UnionBanCal Corporation
(NYSE:UB) is a bank holding company with assets of $52.6 billion at
December 31, 2006. Its principal subsidiary, Union Bank of
California, N.A., had 321 banking offices in California, Oregon and
Washington, and 2 international offices at December 31, 2006. The
company�s Web site is located at www.unionbank.com.
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